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Side-by-side financial comparison of Automatic Data Processing (ADP) and PG&E Corporation (PCG). Click either name above to swap in a different company.
PG&E Corporation is the larger business by last-quarter revenue ($6.9B vs $5.9B, roughly 1.2× Automatic Data Processing). Automatic Data Processing runs the higher net margin — 22.9% vs 12.9%, a 10.0% gap on every dollar of revenue. On growth, PG&E Corporation posted the faster year-over-year revenue change (15.0% vs 7.0%). Over the past eight quarters, Automatic Data Processing's revenue compounded faster (11.6% CAGR vs 7.2%).
Automatic Data Processing, Inc. (ADP) is an American multinational provider of cloud-based human resources management, payroll processing, and professional employer organization (PEO) services, headquartered in Roseland, New Jersey.
Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.
ADP vs PCG — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $5.9B | $6.9B |
| Net Profit | $1.4B | $885.0M |
| Gross Margin | — | — |
| Operating Margin | — | 21.4% |
| Net Margin | 22.9% | 12.9% |
| Revenue YoY | 7.0% | 15.0% |
| Net Profit YoY | 8.4% | 39.6% |
| EPS (diluted) | $3.38 | $0.39 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $5.9B | $6.9B | ||
| Q4 25 | $5.4B | $6.8B | ||
| Q3 25 | $5.2B | $6.3B | ||
| Q2 25 | $5.1B | $5.9B | ||
| Q1 25 | $5.6B | $6.0B | ||
| Q4 24 | $5.0B | $6.6B | ||
| Q3 24 | $4.8B | $5.9B | ||
| Q2 24 | $4.8B | $6.0B |
| Q1 26 | $1.4B | $885.0M | ||
| Q4 25 | $1.1B | $670.0M | ||
| Q3 25 | $1.0B | $850.0M | ||
| Q2 25 | $910.7M | $549.0M | ||
| Q1 25 | $1.2B | $634.0M | ||
| Q4 24 | $963.2M | $674.0M | ||
| Q3 24 | $956.3M | $579.0M | ||
| Q2 24 | $829.3M | $524.0M |
| Q1 26 | — | — | ||
| Q4 25 | 46.1% | — | ||
| Q3 25 | 45.2% | — | ||
| Q2 25 | 45.1% | — | ||
| Q1 25 | 47.7% | — | ||
| Q4 24 | 45.7% | — | ||
| Q3 24 | 45.5% | — | ||
| Q2 24 | 44.8% | — |
| Q1 26 | — | 21.4% | ||
| Q4 25 | 25.8% | 18.0% | ||
| Q3 25 | 25.3% | 19.3% | ||
| Q2 25 | 23.2% | 18.6% | ||
| Q1 25 | 29.2% | 20.4% | ||
| Q4 24 | 25.0% | 15.4% | ||
| Q3 24 | 25.6% | 17.3% | ||
| Q2 24 | 22.8% | 18.9% |
| Q1 26 | 22.9% | 12.9% | ||
| Q4 25 | 19.8% | 9.8% | ||
| Q3 25 | 19.6% | 13.6% | ||
| Q2 25 | 17.8% | 9.3% | ||
| Q1 25 | 22.5% | 10.6% | ||
| Q4 24 | 19.1% | 10.2% | ||
| Q3 24 | 19.8% | 9.7% | ||
| Q2 24 | 17.4% | 8.8% |
| Q1 26 | $3.38 | $0.39 | ||
| Q4 25 | $2.62 | $0.29 | ||
| Q3 25 | $2.49 | $0.37 | ||
| Q2 25 | $2.23 | $0.24 | ||
| Q1 25 | $3.06 | $0.28 | ||
| Q4 24 | $2.35 | $0.30 | ||
| Q3 24 | $2.34 | $0.27 | ||
| Q2 24 | $2.01 | $0.24 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.2B | — |
| Total DebtLower is stronger | $4.0B | — |
| Stockholders' EquityBook value | $6.4B | — |
| Total Assets | $64.5B | — |
| Debt / EquityLower = less leverage | 0.63× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.2B | — | ||
| Q4 25 | $2.5B | $713.0M | ||
| Q3 25 | $7.9B | $404.0M | ||
| Q2 25 | $7.8B | $494.0M | ||
| Q1 25 | $2.7B | $2.0B | ||
| Q4 24 | $2.2B | $940.0M | ||
| Q3 24 | $7.3B | $895.0M | ||
| Q2 24 | $3.3B | $1.3B |
| Q1 26 | $4.0B | — | ||
| Q4 25 | — | $57.4B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $53.6B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $6.4B | — | ||
| Q4 25 | $6.4B | $32.5B | ||
| Q3 25 | $6.4B | $32.0B | ||
| Q2 25 | $6.2B | $31.2B | ||
| Q1 25 | $5.9B | $30.7B | ||
| Q4 24 | $5.1B | $30.1B | ||
| Q3 24 | $5.3B | $26.8B | ||
| Q2 24 | $4.5B | $26.3B |
| Q1 26 | $64.5B | — | ||
| Q4 25 | $84.6B | $141.6B | ||
| Q3 25 | $54.3B | $138.2B | ||
| Q2 25 | $53.4B | $136.4B | ||
| Q1 25 | $56.4B | $135.4B | ||
| Q4 24 | $64.1B | $133.7B | ||
| Q3 24 | $49.5B | $132.3B | ||
| Q2 24 | $54.4B | $130.8B |
| Q1 26 | 0.63× | — | ||
| Q4 25 | — | 1.76× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.78× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADP
| Revenues, other than interest on funds held for clients and PEO revenues | $3.6B | 61% |
| PEO revenues (A) (B) (C) | $1.9B | 32% |
| Other | $403.9M | 7% |
PCG
| Electric | $5.0B | 72% |
| Other | $1.9B | 28% |
